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SEC Sends Wave of Subpoenas to ICOs

“Scores” of subpoenas and information requests were sent out demanding details about the structure of sales and pre-sales of several ICOs.

SEC Suspends Trading of 3 Penny Stocks With Tenuous Ties to Cryptocurrency, Blockchain

Today, February 16, 2018, the Securities and Exchange Commission (SEC) issued a press release announcing trading suspension of three companies that acquired AAA-rated assets...

Hong Kong Regulators Send Warnings to Non-Compliant Cryptocurrency Exchanges

Regulators in Hong Kong have issued a strict warning to exchanges doing business with Chinese customers about trading tokens deemed as securities.In an announcement...

SEC and CFTC Give Testimonies at Senate Hearing on Virtual Currencies

Today, February 6, 2018, the prospects for coherent U.S. regulation on cryptocurrencies became a little more clear, as were the impasses that were frustrating...

SEC Chair’s Written Testimony Hints at Moderation for Cryptocurrencies, but ICOs Be Warned

The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission (SEC), was released on February 5, 2018. It comes...

SEC Halts AriseBank ICO, Calling It “an Outright Scam”

The founders of the "decentralized bank" are being charged with alleged fraud and issuing unregistered securities during its ICO.

UBI Blockchain Is the Latest in Series of SEC Cryptocurrency Crackdown Targets

In a story that is getting all too familiar recently, the Securities Exchange Commission (SEC) halted trading on yet another blockchain-related company stock, UBI...

CFTC to Discuss Digital Currency Futures Certification Process

Five weeks ago, the U.S. Commodity Futures Trading Commission (CFTC) announced three exchanges had self-certified Bitcoin derivatives products. Following the subsequent backlash from the...

SEC/NASAA Ring in 2018 by Hinting at Need for (More) Cryptocurrency Regulation

Yesterday, January 4, 2018, the three prominent figures of the U.S. Securities and Exchange Commission (SEC) endorsed the concerns raised in the North American Securities...

Munchee ICO Halted by SEC for Securities Violations

On December 11, the U.S. Securities and Exchange Commision (SEC) issued a cease-and-desist to California-based Munchee Inc. to stop their ICO and return the...
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